First American Uranium has announced a consolidation of its issued and outstanding common shares on the basis of one post-consolidated common share for every three pre-consolidated common shares. As a result, the number of outstanding shares will be reduced to approximately 11,447,184 common shares. The name and symbol will not change. Please note that all open orders will be canceled at the close of business on April 3 [...]
First American Uranium Inc.[/wp] will meet with representatives of the US Forest Service on Wednesday, January 31, 2024, for a kickoff introduction meeting regarding the Company's drilling exploration program at its Red Basin Uranium and Vanadium project in Catron County, New Mexico, USA. The Company will be represented at the Meeting by Frank Bain, P.Geo., First American Uranium's Field Representative. "This meeting with the [...]
First American Uranium announces that Michael England has resigned as a director of the Company to pursue other opportunities. The Company would like to thank Mr. England for his contributions to the Company. The Company is pleased to also announce that Eugene D. Spiering has been appointed a director of the Company to fill the vacancy. Mr. Spiering is an exploration geologist with over 35 years of international [...]
60 new claims staked & continuing to stake more Project is ~250 miles south of America's only operating uranium mill Presence of uranium/vanadium deposits indicate potential to become advanced stage project Vancouver, British Columbia, Nov. 06, 2023 -- First American Uranium Inc. announces it has, through its land agent, staked 60 additional claims and continues to stake more at its Red Basin Uranium and Vanadium project [...]
Uranium prices have increased by over 20% in the last 12 months Dozens of governments formerly opposed to nuclear energy are now embracing it The Financial Times states we are in a "global renaissance of nuclear power" Vancouver, British Columbia, Sept. 27, 2023 -- First American Uranium Inc. is pleased to provide an update on major drivers behind the ongoing rise in uranium prices, which have increased by over 20% in the [...]
Red Basin Project is ~250 miles north of America's only operating uranium mill Drill target areas coincide with 1000+ historic holes drilled by Gulf Oil Corporation Presence of uranium/vanadium deposits indicate potential to become advanced stage project Vancouver, British Columbia, Sept. 13, 2023 -- First American Uranium Inc. is pleased to provide redrafted project maps and updates to the Company's exploration plan for [...]
New Mexico ranks second in US-based uranium reserves The Grants district produced more uranium for 30+ years than any other US district First American Uranium's Red Basin Uranium/Vanadium Property is located in the Grants district Vancouver, British Columbia, Sept. 07, 2023 -- First American Uranium Inc. is pleased to provide information on past exploration and production of uranium in New Mexico, specifically in the [...]
First American Uranium Inc. has received the final draft of its NI 43-101 Report for the Company's Red Basin Uranium/Vanadium Property, an early-stage exploration project located in Catron County, New Mexico, USA. The project, which consists of 26 optioned lode claims totaling ~537 acres , is ~250 miles north of the only operating uranium mill in America. The project's region produced 1,194 pounds of U3O8 in the 1950s [...]
First American Uranium Inc. has engaged consulting geologists Frank Bain and John E. Hiner, both P. Geos, to prepare a National Instrument 43-101 compliant technical report on the Company's Red Basin Uranium/Vanadium Project located in Catron County, New Mexico. The Red Basin Project is a historic mid-stage exploration project that was extensively drilled by the Gulf Oil Corporation in the late 1960s through the early [...]
First American Uranium Inc. announces, further to its news releases of June 23, 2022, June 27, 2022, and July 18, 2023, that the Company has issued 100,000 Shares at a deemed price of $0.25 per Share and paid US$50,000 to an arm's length optionor pursuant to an amended and restated option agreement entered between the Optionor and FirstAmerican Energy Fuels Ltd. , of which the Company has acquired 60% of its issued and [...]
First American Uranium Inc. is pleased to announce that it met with representatives of Cebola National Forest and National Grasslands, the State of New Mexico Bureau of Geology and Mineral Resources, as well as the New Mexico Department of Game and Fish at the Red Basin project site on August 1, 2023. Consulting geologist for the Company, Frank Bain met with members of the authorities to discuss the recently updated Plan [...]
First American Uranium Inc. announces, further to its news releases of June 23 and June 27, 2022, that FirstAmerican Energy Fuels Ltd. , of which the Company has acquired 60% of its issued and outstanding shares, has entered into an amended and restated option agreement amending and restating the option agreement between FirstAmerican and an arm's length optionor, pursuant to which FirstAmerican holds an option to acquire [...]